Britain's government is committed to doing whatever it can to keep its fina...
LONDON - Britain’s government is committed to doing whatever it can to keep its financial sector globally competitive after Brexit, financial services minister John Glen said on Tuesday.
Britain is due to leave the European Union on Oct. 31 but it has yet to secure a divorce settlement with the bloc, the UK financial sector’s single biggest customer.Glen said there must be a “clear plan” to maintain the UK financial sector’s global success as it cannot be taken for granted. Bankers see the shift of some jobs and activities from the City to the EU as inevitable and one-way, whatever the future UK trading deal with Brussels.
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